£254,859
This estimated value is based upon the latest sale price for the house of £81,000 on 31 Jan 2002. This value is then adjusted by the current Official House Price Index for LUTON 1
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Victory House, Chobham Street, Luton, LU1 3BS
Phone: 01582944003
| Price Paid | Date |
|---|---|
| £81,000 | 31 Jan 2002 |
| £20,000 | 17 Jan 1997 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LUTON to estimate the market value.
When this house was purchased in January 2002 the House Price Index for LUTON was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £81,000 results in an estimated price of approximately £254,859.
| 31 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £81,000 | £173,859 | £254,859 |
The Postcode Pricing Model uses changes in average sales price within the LU1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 305.049 % | £247,089 | £328,089 |
| 3 Month Average | 227.952 % | £184,641 | £265,641 |
| 6 Month Average | 197.470 % | £159,951 | £240,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £176,533 | £175,000 | 144 THE FOUNDRY |
| 31 Jan 2023 | £115,308 | £115,000 | 4 CAROLE COURT CHASE STREET |
| 10 Jun 2022 | £186,997 | £183,000 | 2 ROBIN HOOD MEWS |
| 21 Mar 2022 | £240,105 | £230,000 | 16 SURREY STREET |
| 22 Dec 2021 | £156,500 | £145,000 | 1 TRACEY COURT HIBBERT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Albert Road | |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Albert Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Chase Street |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Chase Street |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Chase Street |